Banking

Goldman Sachs Boosts Compliance with Anthropic’s AI Agents

The investment bank partners with Anthropic to enhance accuracy in accounting.Highlights: Goldman Sachs collaborates with Anthropic for AI-driven compliance.New AI agents aim to improve accounting accuracy.The partnership signals a...

Boerse Stuttgart Merges Crypto Unit with Tradias, Strengthening Market Presence

This strategic merger aims to enhance cryptocurrency trading capabilities.Highlights: Boerse Stuttgart merges its crypto unit with Tradias.The merger...

Bank of Ireland Reduces Fraud Losses by $97 Million Using AI Technology

Advanced AI systems help detect fraudulent card transactions effectively.Highlights: Bank of Ireland saved $97 million by preventing fraud...

SoftBank’s PayPay Accelerates US IPO Filing Process

Japan's popular payment platform PayPay prepares for its initial public offering.Highlights: PayPay files for an initial public offering...

Stripe Tightens Valuation, No Rush to Go Public

Stripe aims for a $140 billion valuation but delays going public.Highlights: Stripe targets a valuation increase to $140...
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US digital bank Green Dot appoints SVP Dave Harden as new CTO

Dave Harden as CTO:Dave Harden was appointed as the new Chief Technology Officer (CTO) of Green Dot. Internal promotion from SVP of...

ICYMI fintech funding round-up: Refine Intelligence, Apiture, Solvimon and more

Refine Intelligence:Raised $13 million in seed funding. Uses AI to scan AML alerts, reducing investigation time. Plans expansion in North America, Europe,...

Lack of funding forces US credit card fintech Ness to close down

Ness Closure Announcement:US fintech Ness, specializing in credit cards for wellcare, is shutting down. CEO Derek Flanzraich cites running out of cash...

Apple Pay rolls out new open banking feature for UK customers

New Apple Pay Feature in the UK: Open BankingApple Pay introduces a new feature in the UK. Allows customers to link their...

AMP Bank and Salt Bank tap Starling’s Engine platform for digital banking offerings

Adoption of BaaS Technology:Australia’s AMP Bank and Romania's Salt Bank adopt Starling Bank’s Banking-as-a-Service (BaaS) technology platform Engine.Global Expansion:Starling Bank's...

Redpin launches with new strategy and £140m in funding

Redpin's New Strategy and Funding:UK-based Redpin Holdings, operator of Currencies Direct and TorFX, launches a new strategy. Secured £140 million in funding...

Dutch payment processor Silverflow lands $16.3m funding

Funding Success: Amsterdam-based payment processing tech company Silverflow secures $16.3 million (€15 million) in a funding round led by Global Paytech Ventures. Investor Participation: Picus...

Ireland’s Synch ditches plans to roll out mobile payments app

Synch Payments, founded in 2020 by leading Irish banks AIB, Bank of Ireland, Permanent TSB, and KBC, is abandoning plans to launch its...

Lynx raises £15m Series A funding to fight fraud and financial crime

Funding News: Fintech firm Lynx secures £15 million in Series A funding. Investors: Funding round led by Forgepoint Capital, with participation from Banco Santander. Technology...
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